242 NW 12th Ave
$1,200,000
242 NW 12th Ave, Miami, FL 33128
For Sale
Multifamily
Active
Last Updated: 09/18/2025
2,393 sqft
Building Size
3
Units
Details:
Building Size: 2,393 sqft
Units: 3
Year Built: 1925
Floors: 2
Parking Spots: 8
Highlights:
- Lot Features: Central Business District, City Location, Corner Lot, Near Airport
- Building Features: Airport Access, Automobile Traffic, Heavy Traffic
- Number Of Buildings: 1
- Cooling: Central Building A/C
- Heating: Central Electric, Central Building A/C
- Flooring: Carpet, Tile
- Construction Materials: Concrete Block Construction
- Parking Features: Common, Free Parking, On Street
- Security Features: Security Fence
- Ownership: Corporation
Description:
Owner finance is possible with 50% down. Located in Little Havana with steady growth of population requiring high demand for multifamily units and very little vacancy rate. The T6-8-O Zoning makes of this property a development opportunity for a building of 8 + stories high. Currently a two story free standing building being used as office space. However, it has the potential for 2 large 2 bedrooms/1 bath apartments on first floor. and 1 efficiency. The second floor has a very large 2 bedrooms /2 bathrooms apartment. Located on 12 Ave and 2 block from Flagler, Near Marlins stadium, 836 expressway, Jackson and UM medical center, Downtown Miami and Brickell.
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Location
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